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Barr Ellison Solicitors – commercial property
4 July, 2015 - 09:08 By Kate Sweeney

Boost for Peterborough startups

The Future Business Centre at the Abax Stadium in Peterborough

Allia has been unveiled as the new operator of the Future Business Centre Peterborough at the Abax Stadium. 

The centre will encourage and support businesses with an environmental or social mission to start up and grow. It will also promote entrepreneurship to young people as a way of creating opportunities for them to take part in Peterborough’s growth.

Allia has been successfully supporting social ventures for many years and opened a new Future Business Centre in Cambridge 18 months ago. It is now at full occupancy with businesses creating positive impact for people or planet across a range of sectors including social tech, clean technology and the environment. Nearly all of them have achieved strong growth at the Future Business Centre, creating new jobs and apprenticeship opportunities.

Economic development company Opportunity Peterborough has moved in to the Future Business Centre, Peterborough and will also work alongside Allia to help achieve a shared vision and encourage businesses that will make a social, environmental, economic and educational impact in Peterborough. Lark Energy will also be moving in soon.

Tim Jones, chief executive of Allia said “Peterborough has been enormously successful in creating jobs and has set itself the ambition of creating the UK’s environment capital.

“We believe an Allia Future Business Centre will bring an exciting new dimension to Peterborough’s drive for a sustainable economy and will help its ambition to create even more jobs – especially those in the knowledge economy – whilst developing a skilled workforce equipped for today’s emerging sectors.  

“We want Future Business Centre Peterborough to be much more than a building, we want it to be a beacon in the city for entrepreneurship that creates social and environmental impact, promoting  business creation and growth and helping people build skills, knowledge and the confidence to develop their business idea.”

The Future Business Centre in Peterborough has affordable high quality offices and workshops for organisations in the environmental or social space including agri-tech, CleanTech, eco-tech and technology businesses working with the Internet of Things and smart cities agendas. 

There will also be a Hatchery which will house structured incubation programmes for early stage start-ups and a virtual office service for people who don’t need space just yet.

Jones added: “We know there are budding social entrepreneurs in Peterborough; we will work closely with the colleges and sixth forms in the city to encourage young people to consider business in these sectors as a possible career path and make use of the centre to develop their employability skills accordingly. 

“We hope that our experience and relationships with educators including Cranfield University, Cambridge Judge Business School, UCL, Anglia Ruskin, UCP and Northampton University will bring new opportunities.”

Allia is a UK charity that started in 1999 to help social ventures flourish. Over the years it has worked in areas including Sheffield, Newcastle, East London and Wales to create jobs and build the skills of young people in areas with high unemployment.

An official opening ceremony for the Peterborough centre is being held on July 16.

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